Milestone Scientific Commences Sales of its CompuFlo® Epidural System to the University of Scranton for Incorporation in their Student Registered Nurse Anesthesia Curriculum
August 02 2022 - 7:30AM
Milestone Scientific Inc. (NYSE:MLSS), a leading
developer of computerized drug delivery instruments, that provide
painless and precise injections, today announced that it has
commenced sales of the CompuFlo® Epidural system to the University
of Scranton for incorporation into the student registered nurse
anesthesia (SRNA) program.
Ann Culp, Doctor of Nursing Practice
(DNP)/Certified Registered Nurse Anesthetist (CRNA), University of
Scranton program administrator, stated, “Proper training is
essential in performing an epidural procedure, given the inherent
associated risks. The CompuFlo Epidural system transforms the
procedure from an art to a science, by providing real time visual
and audio feedback on the exact placement of the tip of the needle
in real time. In turn, this can help to dramatically reduce the
risks of dural sheath puncture and other potential complications
that could arise. Our mission is to educate our students on the
latest advancements in medicine, so they can carry these skills
forward into the workplace and throughout their careers.”
Arjan Haverhals, president and CEO of Milestone
Scientific commented, “We are honored to have the University of
Scranton incorporate the CompuFlo Epidural system into their SRNA
program. We believe this selection reinforces the proven clinical
and safety benefits of our technology, which is backed by numerous
clinical studies demonstrating reductions in epidural punctures and
complication rates. Notably, according to the United States Bureau
of Labor Statistics, nurse anesthetists already outnumber
anesthesiologists in the U.S., and with a greater number of nurse
anesthetists entering the field and playing an increasingly
important role in anesthesia, we believe training the next
generation of nurse anesthetists on the use of our instrument is
critical in achieving our goal of establishing the CompuFlo
Epidural system as the new standard of care in both labor and
delivery, as well as pain management. I would like to commend the
University of Scranton on their commitment to educating students on
the latest technologies to ensure the best patient and provider
experience.”
About Milestone Scientific Inc.Milestone
Scientific Inc. (MLSS), a technology focused medical research and
development company that patents, designs and develops innovative
injection technologies and instruments for medical, dental and
cosmetic applications. Milestone Scientific’s computer-controlled
systems are designed to make injections precise, efficient and
increase the overall patient comfort and safety. Their proprietary
DPS Dynamic Pressure Sensing Technology® instruments is the
platform to advance the development of next-generation devices,
regulating flow rate and monitoring pressure from the tip of the
needle, through platform extensions of subcutaneous drug delivery,
including local anesthetic. To learn more, view the MLSS brand
video or visit milestonescientific.com.
Safe Harbor Statement This press release
contains forward-looking statements regarding the timing and
financial impact of Milestone's ability to implement its business
plan, expected revenues, timing of regulatory approvals and future
success. These statements involve a number of risks and
uncertainties and are based on assumptions involving judgments with
respect to future economic, competitive and market conditions,
future business decisions and regulatory developments, all of which
are difficult or impossible to predict accurately and many of which
are beyond Milestone's control. Some of the important factors that
could cause actual results to differ materially from those
indicated by the forward-looking statements are general economic
conditions, failure to achieve expected revenue growth, changes in
our operating expenses, adverse patent rulings, FDA or legal
developments, competitive pressures, changes in customer and market
requirements and standards, and the risk factors detailed from time
to time in Milestone's periodic filings with the Securities and
Exchange Commission, including without limitation, Milestone's
Annual Report for the year ended December 31, 2021. The
forward-looking statements in this press release are based upon
management's reasonable belief as of the date hereof. Milestone
undertakes no obligation to revise or update publicly any
forward-looking statements for any reason.
Contact:Crescendo Communications, LLCEmail:
mlss@crescendo-ir.comTel: 212-671-1020
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